December Blue Pages now online.
by Tedhttp://paymaster-pro.com/pdfs/2009/BPDEC2009.pdf Auto-update info and EOY tax changes.
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Three states have new tax tables in Oct 2009
by TedFour New Patches for PayMaster Database. California, Wisconsin and Indiana locals have new tax tables that need to be applied in October. Updated SSN database also available. You can apply these patches yourself by going to Utilities/ Apply SQL Patches and select Internet /Check for SQL Patches. It should download at the minimum these four […]
Wisconsin raises withholding. 10/1/2009
by TedNew withholding tables for WI to be used no later than Oct 1,2009. New upper level tax bracket (200K+) and increases across the board. Based on Method B http://www.dor.state.wi.us/pubs/pb166h.pdf Oct012009_tax_WI.sql is available now for updating.
California Gov. Arnold Schwarzenegger increases personal income tax withholding
by TedWithholding. will increases by 10%, effective for wages paid after October 31, 2009. Similarly, withholding on supplemental wages increase from 6% to 6.6% effective for supplemental wages paid after October 31, 2009. New tax tables will be available once the official tables are released… More info on this increase CA.gov EDD page This is the […]
Minimum wage increases in July
by TedThe federal minimum wage will be $7.25 per hour effective July 24, 2009. Many states also have minimum wage laws. In cases where an employee is subject to both state and federal minimum wage laws, the employee is entitled to the higher minimum wage. Of course, the states do not make it easy. Only 12 […]
California Taxpayers Should Review Their Withholding to Avoid Tax Bills
by TedReleased: June 11, 2009 A new tax law raises California’s personal income tax rates by .25 percent. The law also reduces the dependent exemption credit to the same amount of the personal exemption credit—a $210 difference per dependent using 2008 amounts. Some taxpayers may need to increase their wage withholding now to avoid owing taxes […]
CA, NY, AZ issue new withholding tables.
by TedAll three states require all payroll professionals to implement the new tax tables no later than May 1st. Failure to do so will result in under withholding for your employees. As of April 20th , these tax tables are available to all Paymaster customers through the Apply SQL Patch menu itm in the program. The […]
Arizona Withholding Update Apr 14, 2009
by TedSince Arizona withholding is based on the federal rates, the state would have seen declining revenue as a result of the ‘Making Work Pay’ federal tax tables. Therefore Arizona has released new tax tables for the rest of 2009 and 2010 to make up the difference. 10%, will increase to 11.5% from May 1, 2009 […]
Oregon : No more paper W2s
by TedStarting with 2009 Forms W-2 filed in 2010, Oregon employers with 250 or more employees must electronically file Forms W-2 with the Oregon DOR. Effective with 2010 Forms W-2 filed in 2011, the threshold for employers not using a payroll service provider will decrease to 50 or more employees. Effective with 2011 Forms W-2 filed […]
Tax Table Updates 2009
by TedAs of Jan 5, 2009 , the following states all have updated tax tables. California,Colorado,Connecticut,District of Columbia,Kentucky,Maine,Michigan,Minnesota,Missouri,New Mexico,North Dakota,Ohio,Oklahoma,Rhode Island,Vermont. Note: OH and MO were NOT included in the 2009 tax table update due to late releases and must be downloaded separately. If you do payroll in these two states be sure to apply the […]